According to the public record, 49, Coventry Way, Jarrow is a mid-century leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Coventry Way, Jarrow, NE32 is located in the borough of South Tyneside within the NE32 postal district.
49, Coventry Way, Jarrow has 21 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated October 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 49 Coventry Way Jarrow as £78,377 and the rental value as £556 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of 49 Coventry Way Jarrow has increased by £2,823 (3.6%) and its rental value has increased by £54 per month (9.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 49, Coventry Way, Jarrow is in very good condition we estimate a sale value of £82,296 and rental value of £583 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £72,891 and a rental value of £517 per month.
If you were able to purchase this property for the estimated value of £78,377, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £385 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 49, Coventry Way, Jarrow was last sold on 12 Mar 2021 for £60,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 11.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Coventry Way, Jarrow within a radius of 670 metres over the last 2 years.
The most recent example is 36, Lancaster Way, Jarrow, NE32 4UH, a Leasehold flat which sold for £75,000 in Jan 2024.
Read more about house prices in NE32.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coventry Way, Jarrow, NE32 has a total of 49 addresses. According to our analysis of all the public data, 49, Coventry Way, Jarrow is the 49th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in NE32.
49, Coventry Way, Jarrow has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Oct 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 49, Coventry Way, Jarrow is Heworth station which is 4.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 49, Coventry Way, Jarrow, 50.9% of property is privately owned outright and 37.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 49, Coventry Way, Jarrow, 15.1% of residents are recorded as possessing school level qualifications and 26.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 49, Coventry Way, Jarrow, the average age was 43.7 and the most common age was 72.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 49, Coventry Way, Jarrow, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 49, Coventry Way, Jarrow, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.